PPG Q2 adjusted EPS falls 6% to $2.22 on 1% lower sales; full-year guidance reaffirmed
PPG reported second quarter 2025 net sales of $4.2 billion, down 1% from a year earlier, mainly due to business divestitures, while organic sales rose 2%. Reported EPS was $1.98 versus $2.09 a year earlier, and adjusted EPS was $2.22 versus $2.35, and the company reaffirmed its full-year 2025 adjusted EPS guidance of $7.75 to $8.05.
Key points
- Q2 2025 net sales $4,195 million versus $4,235 million a year earlier; organic sales up 2%
- Reported EPS $1.98 (down 5%); adjusted EPS $2.22 (down 6%) versus $2.35
- Full-year 2025 adjusted EPS guidance reaffirmed at $7.75 to $8.05
- Share repurchases of approximately $150 million in the quarter and $540 million year to date
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.